EchoStar Corporation (NASDAQ: SATS) today reported total revenue of $896 million for the quarter ended Sept. 30, 2014 compared to $849 million for the corresponding period in 2013. Net income attributable to EchoStar common stock was $64.1 million and diluted earnings per share was $0.69 for the quarter ended Sept. 30, 2014, compared with net income attributable to EchoStar common stock of $4.3 million and diluted earnings per share of $0.05 during the corresponding period in 2013.
For the nine-month period ended Sept. 30, 2014, total revenue was $2,602 million compared to $2,474 million for the nine months ended Sept. 30, 2013. Net income attributable to EchoStar common stock was $110.5 million and diluted earnings per share was $1.19 for the nine-month period ended Sept. 30, 2014 compared to a net loss of $2.0 million and diluted loss per share of $0.02 for the corresponding period in 2013.
Detailed financial data and other information are available in EchoStar’s Form 10-Q for the quarter ended September 30, 2014 filed today with the Securities and Exchange Commission.
EchoStar will host its third quarter 2014 financial results conference call today at 11:00 a.m. ET. The dial-in numbers are 1-877-815-1625 (US) and 716-247-5178 (International), Conference ID # 22882790.
About EchoStar
EchoStar Corporation (NASDAQ: SATS) is the premier global provider of satellite operations and video delivery solutions. EchoStar’s wholly-owned subsidiary, Hughes, is the world’s leading provider of satellite broadband services, delivering network technologies and managed services in more than 100 countries.
Headquartered in Englewood, CO, with additional business units world-wide, EchoStar is a multiple Emmy award-winning company that has pioneered advancements in the TV and satellite industries for nearly 30 years, consistently delivering value for customers, partners and investors. Over the last three decades, EchoStar’s contribution to video technology has had a major influence on the way consumers view, receive and manage TV programming.
EchoStar’s consumer solutions include HughesNet®, North America’s #1 high-speed satellite Internet service, Dish Network’s highly acclaimed Hopper® DVR and Joey® product line, Sling Media’s Slingbox® products, and EchoStar’s line of advanced digital video set-top box products for the satellite and terrestrial viewer markets.
For more information, please visit www.echostar.com.
